Public Charity

SHORE MEMORIAL HOSPITAL

SHORE MEMORIAL HOSPITAL is a Public Charity headquartered in SOMERS POINT, NJ. Financial data from the 2024 filing: $267.7M revenue, $225.7M expenses, $370.1M total assets. 17 publicly reported grants to this organization, totaling roughly $290K, appear in IRS filings.

EIN: 210660835 SOMERS POINT, NJ Latest filing: 2024
Total Revenue$267.7M
Total Expenses$225.7M
Total Assets$370.1M
Grant Records17
Funding Total$290K
Filing Years2019–2024

Mission

THE MISSION OF SHORE MEDICAL CENTER IS TO CARE FOR AND RESPECT ALL PATIENTS, THEIR FAMILIES AND EACH OTHER. THE ORGANIZATION PROVIDES EMERGENCY AND MEDICAL NECESSARY HEALTHCARE SERVICES FOR ALL INDIVIDUALS REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. FOR ADDITIONAL INFORMATION, PLEASE REFER TO THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT INCLUDED IN SCHEDULE O.

Officers & Directors

Former Key Employee Alan L Beatty
Trustee Angelo Sparagna Iii Md
Trustee Auggie Cipollini
Trustee Barbara Ridge
Trustee Carmine J Taglialatella Jwc
Trustee; Ex-Officio Christopher Lucasti Do

Officer compensation and complete director data available with membership.

Top Grant Purposes

GREATEST NEED
$110,000 1 grant
SUPPORT PRGM SRVS
$60,000 1 grant
HEALTH
$53,030 7 grants
COVID-19 RELIEF EFFORT
$20,000 1 grant
SUPPORT PROGRAM SERVICES
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $267.7M $225.7M $370.1M
2023 $242.1M $214.4M $330.8M
2022 $259.3M $209.2M $334.9M
2020 $197.1M $173.8M $305.0M
2019 $200.2M $181.2M $276.3M

Between 2019 and 2024, reported annual revenue grew from $200.2M to $267.7M (+34%), with total assets most recently reported at $370.1M.

Interactive year-over-year charts and full filing details available with membership.

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